FINANCE OF FISCAL DEFICIT THROUGH THE ISSUANCE OF STATE SUKUK AND ITS IMPACT ON MACROECONOMIC CONDITIONS IN INDONESIA
Keywords:
Deficit, Fiscal , Sukuk, Macro EconomicsAbstract
The impact of the issuance of State sukuk as financing the fiscal deficit and macroeconomic conditions on economic development in Indonesia. This research was conducted with the aim of finding out how state sukuk are used as financing and the macroeconomic conditions for the development of sharia banking in Indonesia. The data used to carry out this research is using library research analysis and is also supplemented with some data with donations from literature as a source for finding news and data needed during this research. In Arabic, tribe comes from the word saak , but According to the National God Fatwa, Sukuk is a subah of securities in the form of a certificate. Currently, the type of sukuk that is the choice as a sharia investment in Indonesia is retail sukuk because sukuk is an example of an investment of choice for Muslims because it does not contain elements of uncertainty or usury. Sukuk also use a contract that states its validity.
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